Animal Parasiticides Industry Impressive Growth, Size, Share, Segmentation, Competitive Landscape, Forecast To 2024
Animal Parasiticides Market Overview
MRFR Press Release- Market Research Future published a half-cooked research report on the global Animal Parasiticides Market, which is estimated to grow at a CAGR of 6.0% during the forecast period 2017-2023. Animal Parasiticides Industry are used to restrict parasitic attacks on livestock, which helps in boosting immunity and overall health of animals. Additionally, animal parasiticides market is observing an exponential growth based on the high usage in the feed industry. Animal parasiticides are available in three different forms and they are which include ectoparasiticides, endoparasiticides, and endectocides.
Animal parasiticides Market are one of the sources used for improving livestock health. Growing demand for animal-derived food products and growth in the awareness about animal transmitted diseases enables the global animal parasiticides market for growth during the forecast period. Additionally, increased consumer focus on improving animal health is boosting the market growth. Additionally, government regulations to support the use of parasites in animal medicinal formulations, in Europe, North America, and few regions of Asia Pacific has been projected to boost the animal parasiticides market growth.
Competitive analysis
The major players in Animal Parasiticides Market
- Eli Lilly and Company Limited (U.K)
- Boehringer Ingelheim GmbH (Germany)
- Bayer Aktiengesellschaft (Germany)
- Merck & Co., Inc. (U.S.)
- Zoetis Inc. (U.S)
- Sanofi (France)
- Virbac Corporation (U.S.)
- Ceva Sante Animale S.A. (France)
- Vetoquinol SA (France)
- Perrigo Company plc (Ireland)
Downstream analysis
Animal parasiticides Market are segmented based on type, which includes ectoparasiticides, endoparasiticides, and endectocides. Among all, the endoparasiticides segment is dominating the market owing to its ease of usage and effectiveness.
Animal parasiticides Market are segmented based on species, which includes poultry, swine, sheep & goats, cattle, and others. Among all, cattle segment is dominating the market, followed by poultry. The foremost reason for this growth is increased consumption for animal source protein.
Regional Analysis
The global Animal Parasiticides Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). Europe is dominating the global animal parasiticides market due to increasing consumption of animal parasiticides from the increasing livestock diseases, and demand for enhanced animal medicinal products. Additionally, the major key players are actively involved in research & developments to develop products conforming to North American regulations for animal parasiticides.
For More Information @ https://www.marketresearchfuture.com/reports/animal-parasiticides-market-5080
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
